3932 SW 12th Pl, Fort Lauderdale, FL 33312
3932 SW 12th Pl, Fort Lauderdale, FL 33312
3932 SW 12th Pl, Fort Lauderdale, FL 33312
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$1,545,000
Est. payment /mo
6,012 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 6,012 sqft

Price per Sqft $256

Subdivision Brysa Park

MLS Listing ID A11927594

Style Fourplex

HOA Y/N No

Year Built 1956

Annual Tax Amount $24,250

Tax Year 2024

Contingent No Contingencies

Property Sub-Type Quadruplex

Property Description

Discover a prime cash-flowing investment at 3932 SW 12th Pl, Fort Lauderdale, presented by Fausto Commercial. This renovated 8-unit property features eight 1-bedroom units, each nicely updated with modern
finishes and equipped with impact-resistant doors and windows, plus all-new electric meters. The building spans
approximately 4,152 sq ft on a 10,631 sqft lot, offering solid income and strong tenant appeal. The property is currently generating a net operating income of $114,800, reflecting a 7.43% cap rate, with easy potential to exceed 7.5% through modest rent increases or operational improvements. Located just minutes from Downtown Fort Lauderdale, Las Olas, the airport, beaches, major highways, and top entertainment spots, this turn-key property offers strong rental income and long-term upside in one of South Florida's hottest rental markets.

Location

State FL

County Broward

Community Brysa Park

Area 3331

Interior

Heating Other

Cooling Other, Wall/Window Unit(s)

Flooring Other, Tile

Window Features Impact Glass

Exterior

Exterior Feature Security/High Impact Doors

Pool None

Utilities Available Cable Available

Roof Type Tar/Gravel

Total Parking Spaces 10

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Others

Tax ID 504218010690

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11927594


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc

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3932 SW 12th Pl